NOT LISTED FOR SALE

327 E 2nd St Newton, KS 67114

Estimated Value: $125,000

4 Beds
2 Baths
1,722 Sq Ft
$73/Sq Ft Est. Value

Last Sold September 16, 2024

6 Days on Market

About This Home

As of September 2024

Beautifully renovated duplex in Newton offering a blend of modern updates and amazing investment potential!! Situated on a generous lot, this property features two distinct units: The front unit (329) offers 2 spacious bedrooms, with the master bedroom housing an en-suite, modern bathroom with a stand-in shower. With its open concept floor plan, you will enjoy your evenings relaxing in the large living space flooded with natural light from the windows. This area flows into the kitchen/dining space supplied with a generous amount of cabinetry and equipped with appliances that stay with the property. Recently renovated, this unit showcases new carpet, LVP flooring, paint, light fixtures, toilets, vanities, and sinks. Modern amenities such as updated electric and plumbing, central heat, and AC ensure comfortable living and peace of mind for its future owner. This unit spans 1,002 square feet and includes laundry hookups and an elongated covered front porch! This unit is ready for immediate occupancy or increased rental income with no work needed! It was previously rented out at $750/month. The second unit (327) is located in the back of the property and offers 2 bedroom, 1 bathroom that is currently being leased on a month-to-month basis at $575/month, providing stable rental revenue. This unit encompasses approximately 720 square feet and features kitchen appliances and laundry hookups, making it a convenient and appealing rental option. Modern comforts like central heat and AC are also included. This back unit is in need of new flooring and interior paint – nothing a little TLC can’t fix quickly! The fencing in the back of the property is owned by the current tenant. Additional property highlights include a new roof installed last year, a newly upgraded sewer system, and recent tree trimming and removal, enhancing the property's appeal and functionality. Built in 1900, the duplex exudes historical charm while offering updated electric and plumbing systems. Conveniently located near amenities and schools, this presents an excellent opportunity for investors or homeowners seeking rental income. With one unit ready for immediate occupancy or higher rental returns and the other providing steady income, this property promises both versatility and value.

Last Agent to Sell the Property

Josh Roy

Keller Williams Hometown Partners License #00053413 Listed on: 07/25/2024

Keller Williams Hometown Partners

Co-Listed By

Breana Thimmesch

Keller Williams Hometown Partners License #00246215

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,827

Year Built

  • Built in 1900

Lot Details

  • 10,454

Home Design

  • 1,722 Sq Ft Home
  • Composition Roof

Kitchen

  • Oven or Range
  • Dishwasher

Parking

  • 2 Parking Spaces
  • On-Street Parking

Schools

  • Slate Creek Elementary School
  • Newton High School

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity, gas, lawn care
  • The owner pays for trash collection, water/sewer
  • Assessor Parcel Number 040-094-17-0-40-29-002.00-0

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Gross Income $1,325

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,827

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1900
  • Property Sub-Type: Twin/Duplex
  • Co List Office Mls Id: SCK3572
  • Co List Office Phone: 316-665-6799
  • Co List Office Phone: 316-665-6799
  • Ownership: Individual
  • MLS Status: Sold-Co-Op w/mbr
  • Architectural Style: Converted House
  • Tax Year: 2023
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Range/Oven, Refrigerator
  • Basement: None

Exterior Features

  • Roof: Composition
  • Construction Type: Vinyl

Garage/Parking

  • Parking Features: 1 per Unit, Street Parking
  • Total Parking Spaces: 2

Utilities

  • Cooling: Central Electric
  • Heating: Forced Air
  • Utilities: Gas, Public, Sewer Available

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Slate Creek
  • High School: Newton
  • Junior High Dist: Newton School District (USD 373)
  • Middle Or Junior School: Chisholm

Lot Info

  • Parcel Number: 040-094-17-0-40-29-002.00-0

Rental Info

  • Owner Pays: Trash Collection, Water/Sewer

Multi Family

  • Gross Income: 1325
  • Number Of Units Total: 2
  • Tenant Pays: Electricity, Gas, Lawn Care

Tax Info

  • Tax Annual Amount: 1826.8

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2024 09/16/24 Sold -- -- --
08/02/2024 08/02/24 Pending -- -- --
07/26/2024 07/26/24 For Sale $125,000 -- $73 / Sq Ft
Source: South Central Kansas MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Kansas MLS

MLS Number: 642385

South Central Kansas MLS

APN: 094-17-0-40-29-002.00